Profit Interest Units of SIS Holdings LP (Tables)

12 Months Ended

Dec. 31, 2022

The following summary shows the activity in PIU awards granted by SIS Holdings to employees of Appgate (or a subsidiary thereof):


	Number of units	Weighted- average grant date fair value
Outstanding at December 31, 2020	253,384	$	87.12
Forfeited	(3,348)	(85.94)
Outstanding at December 31, 2021	250,036	87.14
Forfeited	(625)	(104.69)
Outstanding at December 31, 2022	249,411	$	87.10

The following table summarizes nonvested RSUs and PSUs activity for the year ended December 31, 2022:


	RSUs						PSUs
	Time-vested			Performance-vested			Performance-vested
	Shares	Weighted-average grant date fair value		Shares	Weighted-average grant date fair value		Shares	Weighted-average grant date fair value
Nonvested at December 31, 2021	—	$	—	—	$	—	—	$	—
Granted	1,102,217	13.00		4,436,129	13.14		58,519	13.17
Vested	—	0.00		—	0.00		—	0.00
Forfeited	—	0.00		(107,748)	13.00		(1,433)	13.00
Nonvested at March 31, 2022	1,102,217	13.00		4,328,381	13.14		57,086	13.17
Granted	—	0.00		192,869	12.81		5,145	11.14
Vested	—	0.00		—	0.00		—	0.00
Forfeited	—	0.00		(97,974)	13.15		(4,661)	12.86
Nonvested at June 30, 2022	1,102,217	13.00		4,423,276	13.13		57,570	13.02
Granted	—	0.00		5,455,744	7.21		528	7.50
Vested	—	0.00		—	0.00		—	0.00
Forfeited	—	0.00		(647,606)	13.45		(6,293)	13.26
Nonvested at September 30, 2022	1,102,217	13.00		9,231,414	9.62		51,805	12.91
Granted	—	0.00		1,318	2.61		—	0.00
Vested	—	0.00		—	0.00		—	0.00
Forfeited	—	0.00		(22,552)	10.48		(1,927)	13.00
Cancelled	(1,102,217)	13.00		—	—		—	—
Nonvested at December 31, 2022	—	$	—	9,210,180	$	13.29	49,878	$	13.07

These amounts are included in the following captions in the consolidated statements of operations (in thousands):